Topic: Holding and taking profits - page 3. (Read 1569 times)
Maybe do little bit of both take some profits at intervals or maybe stages and then hold some through the bear market The only problem is some take too little profit and it dumps they will decide to start selling at that time which is too late Try selling near the top as you might not know the absolute top so when your coin has pumped 4-5X Then you know is time to take some profit I will suggest take your initials out and ride the rest
I think instead of holding coins without providing additional value, it is better to stake. While waiting for the coin price to increase, the number of coins will continue to grow every day. However, if we compare it to short-term trading, staking is less profitable than trading.
I know that it's good to stake but I choose not to stake. I'm already good holding my own stakable coins if that's not part of the plan. It will continue everyday but it's not that much so it's better to have it stored and have it added from my own budget if I got to invest again and buy more coins at my will. Although no one stops to stake because I also like the idea, it's just my decision and choice not to. 
We have different perspective in terms of this kind of matter. Me, I don't believe in hodl whenever I enter a market there should always be a Target profit and Stop loss, whenever comes first, that would be the result of my entry to the market I think you will only hodl if you really believe in some projects and you will hold it for really long time probably a long term investment.
the key when holding coins is to wait first and I think I will do the same with you, don't forget to monitor market developments as often as possible, if you have already bought coins at high prices and then the market goes down, don't panic and sell cheap, it's better to hold . Coin holding has proven to be more profitable, it can be seen in 2017. so don't panic easily and be smart to control emotions.
holders who can take big profits are holders who have great patience and do not panic with market movements.
usually such a large profit will be obtained by coin holders who when buying it at a very low price and selling it at a very high price.
usually such a large profit will be obtained by coin holders who when buying it at a very low price and selling it at a very high price.
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
Your arguments are generally correct. However, the most important thing here is to choose the moment when to fix the profit, that is, to sell the cryptocurrency that has risen in price and withdraw funds at least in stablecoins or in another cryptocurrency. After all, it often happens that after fixing a small profit, the price of this cryptocurrency continues to grow for a long time. Then we regret the premature decision.In general, what I want to say: this market is very unpredictable and we will have lost profits no matter how hard we try to avoid it. Direct material damage already depends on our experience. Here it is already important not to panic.
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
For top coins like bitcoin, BNB and ethereum of course the holder is the winner, with patience hold they can get big profits, trading is also profitable because the opportunity for big profits does not wait for a long time like holders.
We know holding a coin until a bullrun occurs is exhausting, so our emotions are tested to survive. but not many people can do it, so they wish and regret it. therefore we must prepare ourselves to stick to our original goal, so that when floating plus we remain calm to achieve the target, and finally we get out before the peak is formed
I have a friend who has been persistently asking me to teach him how to buy coins, potential ones precisely. He missed this 2020 bull run and he thought he is a jack for not buying earlier during does days when bnb was still cheap. We bought radix and radix once had a pump of 40% yet he never sold because he was looking for long term gain. After a while, it dump back and the gain and capital is no longer their, now he is exhausted because he bought at the top wishing to see a 40% pump so that he will sell and remove his money.
Its never been easy to hold, especially if you are doing it because others told you to.
There's an art in HODLING and it's not about holding for a long period of time, and that is following the development of the coin and selling it at the right time and at the right price, good coins have a long wait to get its full potential but you must also understand that all coins also suffers from bear trend or dips and sometimes the dip took sometime to recover so always sell on profit.
Yes, and usually the recovery from the decline always lasts longer than the increase, because price increases that have occurred have always lasted for a short time, so it can be concluded that selling early when you have made a profit is much better than having to wait a long time. Today holding while earning is the normal concept of majority. Because the team knows that every holders wants gain even just by simply holding the tokens. Passive income is a great strategy. Sometimes I also buy few of the tokens that I can able to hold and earn. Good purpose while holding.
now many people want so but can it be believed. I mean coins that are generated just for holding token. Today many such projects almost all of them are new projects appear and the team is doing this to introduce their projects. what I'm afraid of is that it's a scam. it may be better not to invest in large amounts. no one knows what will happen next. the risk is definitely there. because every opportunity to take advantage there must be a risk. Always happen with all coin sold price suddenly pump and I see with my coin from bounty reward, up and increase above 300% from first time I sold last three months. Now price going up and make me always wanna cry why have sell early coin distribution. How ever if you want to be an holder keep hold half your coin and sell half, its better when price pump or dump later because you have chance to sell half if price going up and down.
that is huge profit from bounty token. For good project , no matter we got it from investment or only bounty campaign holding is be alternative ways to generate profit as much as we can and minimize the risk that may occur someday.Sell some and hold some , give us better psychology or mental. Our balance was back when we liquidate some reward in order to maintain price. 
Always happen with all coin sold price suddenly pump and I see with my coin from bounty reward, up and increase above 300% from first time I sold last three months. Now price going up and make me always wanna cry why have sell early coin distribution. How ever if you want to be an holder keep hold half your coin and sell half, its better when price pump or dump later because you have chance to sell half if price going up and down.
why don't you buy it back when the price drops? when the distribution occurs, the price will certainly experience a correction because of a lot of selling from the results of the campaign like you did.The problem is in your belief. because you don't really believe in a project that will experience that much growth.
you get it for free, should if you believe in the project you can hold it for a big profit.
but not all projects can be like that. let's just say all this is a lesson for you to apply in the future. good luck with other assets.
We know holding a coin until a bullrun occurs is exhausting, so our emotions are tested to survive. but not many people can do it, so they wish and regret it. therefore we must prepare ourselves to stick to our original goal, so that when floating plus we remain calm to achieve the target, and finally we get out before the peak is formed
I have a friend who has been persistently asking me to teach him how to buy coins, potential ones precisely. He missed this 2020 bull run and he thought he is a jack for not buying earlier during does days when bnb was still cheap. We bought radix and radix once had a pump of 40% yet he never sold because he was looking for long term gain. After a while, it dump back and the gain and capital is no longer their, now he is exhausted because he bought at the top wishing to see a 40% pump so that he will sell and remove his money.
Its never been easy to hold, especially if you are doing it because others told you to.
It depends on a token that you hold if it has a strategy to grow. Then It is good for Hodlers if there are many people trading with that token then it will be best for trading. So If you are Hodler you should Hodl some strong project's token and if you are a trader then you should invest in those project which are being trading most in market.
i do agree , we have two option with our money. For daily earning we could take opportunity from volatility and for long term holding strong project is an obligation to avoid shitcoin and make our money loss. Daily trade require high skill trading and if we have it , i am sure it will be advantages for us. Holding certainly takes a long time to make a profit, and this is done for those who have more money, but with daily trading we can make big profits, there is definitely no guarantee that everyone can trade or hold depending on financial capacity.
I do not have a lot of money but I still use the waiting method because it is a lot less risky to do that. It is basically something that we could all do if we want to because it is not something that takes any power, all you have to do is basically nothing. So at the end of the day it doesn't require to have a big capital, it only requires you to do able to do nothing at all for a very long time, and as long as you are capable of doing that, then you are going to end up being happy about the results.This is crypto and in the end it always goes up, I am 100% certain that everything will break their own ATH eventually, we will see bitcoin at 100k+, we will see eth at 20k+, we will see bnb at 5k+ they will all reach those prices, will it be now? Of course not, but it will eventually happen and that is all I care about, as long as we can see it happening in the future then I can wait.
I think not all holders become winners, only good coin holders get that. Not that holding is a bad idea, it's good for some coins if we can manage it well. it's just that there are some coins that were previously held and are currently of no value in the market. If we talk about btc or other coins like that which have good prospects, of course it will be good to hold. We know what the price of btc was when it first appeared until now the price of btc in the market is already high. So I just want to say that choosing a good coin to hold is the key to making a profit. If we can choose a good one then the result will also be good.
Well I guess holders may only get a great profit if the token he choose to invest with is a good token. I agree that not all holders can be a winner because the chance to get a great profit still depend on the person choice because to be honest hodling is somewhat quite boring to wait to get a profit but if you really believe in the project you will never have to feel this. I mean i am an investor to a new token now its just it feels good to know that the token I choose to invest with is now doing great and it only takes me a quite awhile to hold my investment before I take profit.
I think not all holders become winners, only good coin holders get that. Not that holding is a bad idea, it's good for some coins if we can manage it well. it's just that there are some coins that were previously held and are currently of no value in the market. If we talk about btc or other coins like that which have good prospects, of course it will be good to hold. We know what the price of btc was when it first appeared until now the price of btc in the market is already high. So I just want to say that choosing a good coin to hold is the key to making a profit. If we can choose a good one then the result will also be good.
There's an art in HODLING and it's not about holding for a long period of time, and that is following the development of the coin and selling it at the right time and at the right price, good coins have a long wait to get its full potential but you must also understand that all coins also suffers from bear trend or dips and sometimes the dip took sometime to recover so always sell on profit.
Holding and taking profits are mutually exclusive! You can not hold and take profit at the same time. Holding for me is the right strategy for better value of your holdings! There will be time to take profit into fiat or better still, time to use valuable Cryptocurrency in fiat value when it is needed! Holding should be for a long term!
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
I agree with you, now we are no longer talking about prices but need to analyze every coin purchase in order to be able to minimize any possible losses, sometimes we need to hold back emotions to sell some coins while waiting for the right time.
We need to pay close attention to this certainty, so that we are not hasty in making decisions, as a result when we cannot control our emotions in decision making, it will be very detrimental to the conclusions we take.
The right solution for now is to be patient, considering that in the future the coin price is not so stable in the market, concrete steps need vigilance in acting, either buying or selling.
Jump to: